The California State Assembly on Thursday passed legislation extending tax credits for the entertainment industry. The 70–4 vote approved a bill granting a two–year extension to the California Film & Television Tax Credit Program. Assembly Member Felipe Fuentes, D-Montebello, the bill's author, had originally sought a five-year extension—a term ...

Hollywood producers are breathing easier after lawmakers in Sacramento passed an extension to the state's lucrative tax credit program for the entertainment industry. The bill passed the state Senate in a 32-2 vote and provides another $200 million in taxpayer support for film and television series shot in California.